Contractors Unlimited

Technip Awarded Subsea Contract for the Marulk Project in Norway

Technip Technip announced today that it has signed an agreement, worth approximately €30 million, with Statoil ASA for the fabrication and installation of a pipe-in-pipe flowline to support the Marulk field development. Statoil is carrying out parts of the Marulk development project on behalf of the operator Eni*.

The Marulk field is located in the Norwegian Sea approximately 30 kilometers southwest of the Norne field at a water depth of 365 meters. The initial development will consist of two wells tied back to the Norne floating production, storage and offloading vessel (FPSO). This 30.5 kilometer-long tie-back is based on the use of Technip's proven pipe-in-pipe technology.

The agreement will be executed by Technip's operating center in Oslo, Norway. The pipeline fabrication will be completed by Technip's Spoolbase in Orkanger, Norway while installation will be performed by Apache II, a newly converted vessel from Technip fleet, in the first half of 2011.

The agreement is signed based upon the plan for development and operation (PDO) with Authority approval expected this summer 2010.

* The approving group is Eni Norge as Operator, and the partners in PL122:
- Eni Norge AS (Operator) 20.0%
- Statoil Petroleum AS 50.0%
- DONG E&P Norge 30.0%

Published 21/05/2010

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